ECON 101

Helpful Tip: Past students have found that reading the textbook for this course has helped them study for exams. 

Overview of Macroeconomics

Big Picture

Overview of Macro Topics (+ Review for final)

GDP

What is GDP?

Components of GDP

Overview of Calculating GDP

Income Approach

Income Approach (AKA Factor, Factor Income Approach)

Value Added/Production Approach

Value added approach to calculating GDP

Expenditure Approach

Expenditure Approach Overview

Expenditure Approach Example

National Spending (AKA Expenditure) Overview

All Three Approaches - Overview & Practice

Relating the Expenditure, Income, and Value Added Approach

Inflation & the CPI

CPI and Inflation: Reciew & Practice

Business Cycles

The Business Cycle

Stages, Characteristics and Causes

Aggregate Supply and Demand

The AD Curve 

(Playlist)

The AS Curves: SRAS and LRAS (Playlist)

AD & AS Model Overview (w/ textbook example)

Why is the Aggregate Demand Curve Downward Sloping?

Demand Shocks to  Aggregate Demand Curve

Review: The AS/AD Model

Phillips Curve

Review: The Phillips Curve

Intertemporal Choices: Consumption & Savings

Intertemporal Choice (CLAS)

Intertemporal Budget Constraint (Textbook Example)

Intertemporal Choice: Utility Maximization Over Two Time Periods

Solow Model of Economic Growth

Solow Model (Playlist)

review + forumla explanations + examples

Production Possibility Frontier

Production Possibilities Curve (Part 1)

Production Possibilities Curve (Part 2) 

Comparative Advantage

Comparative Advantage (Playlist)

Credit Markets / Borrowing & Lending

How Changing the Interest Rate affects Savers and Borrowers

Unemployment

Natural Rate of Unemployment

Purchasing Power of Parity

Part 1

Part 2

Welfare

Welfare Analysis: Think Vertically

Income Inequality: Lorenz Curve and Gini Coefficient

Demand & Marginal Benefit Curves

UCSB CLAS ECON & STATS